The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
Bitcoin rallied after the FOMC and now it was traded at 22,930 at the time of writing. In the short term, BTC/USD was in a corrective phase after its strong rally. Now, the downside movement ended and it has developed a new leg higher.
Technically, it seems that we had only a temporary drop, BTC/USD could try to resume its swing higher started on June 18, 2022. The cryptocurrency increased by 11.66% from 20,700 yesterday's low to 23,112 today's high.
As you can see on the H1 chart, BTC/USD rallied without retesting the uptrend line. Now, it has managed to jump above the downtrend line and above the weekly pivot point of 22,544 which represented upside obstacles.
Stabilizing above these broken obstacles may signal further growth. Still, after its amazing rally, we cannot exclude a minor retreat or a sideways movement.
Consolidating above the weekly pivot point of 22,544 indicates a potential further growth toward the 24,280 former high. This scenario could help the buyers to jump in again.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
